Split Loans

The Best of Both Worlds. Hedging Your Bets Has Never Been Smarter.

Can’t decide between the certainty of a fixed interest rate and the flexibility of a variable rate? You don’t have to choose. A Split Loan allows you to divide your mortgage into multiple parts, giving you a tailored balance of stability and freedom.

At Lendable, we don’t believe in one-size-fits-all home loans. Because we operate with complete independence, we look far beyond the Big Four banks to find agile lenders offering highly customisable split structures that fit your exact financial situation.

  • MORE THAN JUST A BROKER

How Does a Split Loan Work?

You choose exactly how to slice the pie based on your comfort level and financial goals. For example, on a $500,000 mortgage, you might decide to split it 60/40.

The Fixed Portion ($300,000): You lock in a set interest rate for a specific period (usually 1 to 5 years). No matter what the Reserve Bank of Australia does, your repayments on this portion remain exactly the same, giving you total peace of mind and budgeting certainty.

The Variable Portion ($200,000): This part of your loan moves with the market. If interest rates drop, your repayments drop too. More importantly, this portion unlocks agile features – like an offset account or unlimited extra repayments – so you can pay down your debt faster.

  • FIND A SOLUTION

The Split Advantage: Why It Makes Sense

  • Manage Your Interest Rate Risk: If interest rates rise, your fixed portion shields you from the full impact. If rates fall, you still get to benefit from lower rates on your variable portion.
  • Repayment Flexibility: Fixed loans usually cap how much extra money you can pay into them. By having a variable slice, you can channel work bonuses, tax returns, or everyday savings into your mortgage without facing bank penalties.
  • Access Modern Loan Features: You can link a 100% offset account to your variable portion. Every dollar sitting in your savings account reduces the interest you owe on that part of the loan, while your fixed portion keeps your monthly budget predictable.

Why Choose Lendable for Your Split Loan?


Custom-Built Strategies

We don’t just guess a 50/50 split. We sit down with you, look at your career trajectory, savings habits, and future plans, and engineer a split ratio designed to maximise your savings.


We Find the Hungry Lenders

Some banks charge high package fees just to split a loan. We hunt down secondary lenders offering sharp rates and low ongoing fees, even when managing multiple loan portions.


No Red Tape, No Jargon

We break down the math clearly upfront. From application to settlement, we handle the heavy lifting and explain exactly how your split will look in practice so you can step forward with complete confidence.

Client Reviews

Buying a home is one of the biggest financial moves you’ll ever make, and we’re committed to making the process simple, strategic, and stress-free. From first home buyers getting into the market sooner to investors growing their portfolios with confidence, our clients’ reviews reflect what we stand for: clear advice, genuine support, and brokers who go the extra mile to make things happen.

Ready to Design Your Perfect Loan?

A split loan is one of the smartest ways to navigate a changing property market. Let our team crunch the numbers and find a flexible, tailored split loan structure that works for you.